$LTC /USDT. Here’s a clear analysis for your chart and a potential trade setup based on the Fibonacci map at the weekly level:
🪙 Litecoin (LTC/USDT) – Fibonacci Trade Setup
📍 Current Price
~100.09 USDT
🔢 Key Fibonacci Levels Identified
Fib Level
Price Range
Context
0.236
~63.00–64.50
Deep support area
0.382
~79.00
Area of interest for entry / bounce point
0.5
~87.00–95.00
Mid-recovery area (fair value)
0.618
~103.00–107.00
Critical resistance / breakout area
0.786
~116.00–124.00
Potential reversal area saturated
1.236
~132.00+
Fibonacci extension target if the breakout is successful
📈 Chart Reading
The chart shows a recent high at ~$107 and a low at ~$63
LTC is now hovering around the fib 0.618 area (~100–103), often a critical area for trend continuation or reversal
Strong upward movement has brought the price back towards the main resistance
🎯 Trade Idea – Mid-Range Trade Setup
Item
Details
Entry Area
95–100 USDT (current area)
Stop Loss
Below 91 USDT (under fib 0.5)
TP1
107 USDT (recent high)
TP2
116–124 USDT (0.786 area)
TP3
132 USDT+
(Fibonacci extension)
🧠 Trade Notes
If LTC recovers and maintains above 103–107, this sets up movement towards the 124–132 area
A pullback to 91–95 could provide a better entry in terms of risk and reward
A strong volume breakout above 107 is the trigger for confirming higher targets
Would you like a visual chart model for this setup? I can annotate it with fib levels and trade areas.
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